8. Other Operating Expense, Net:
A summary of other operating expense, net is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended
March 31, |
|
|
2018 |
|
2017 |
Amortization expense |
|
$ |
8,949 |
|
|
$ |
5,834 |
|
Transaction and other related costs(1)
|
|
422 |
|
|
1,375 |
|
Restructuring and other related costs (Note 18) |
|
120 |
|
|
1,196 |
|
Net loss on asset disposals |
|
1,152 |
|
|
348 |
|
Management advisory fees |
|
— |
|
|
1,250 |
|
Insurance proceeds(2)
|
|
(1,244 |
) |
|
— |
|
Other, net |
|
(85 |
) |
|
345 |
|
|
|
$ |
9,314 |
|
|
$ |
10,348 |
|
|
|
|
|
|
|
|
(1) |
Transaction and other related costs for the three months ended March 31, 2018 and 2017 primarily include transaction costs associated with the Company’s initial public offering (exclusive of the direct costs recorded in stockholders’ equity net of the proceeds from the offering) and the Acquisition (see Note 6 to these condensed consolidated financial statements for further information).
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|
|
(2) |
Represents the majority of the $1,500 insurance proceeds received during the three months ended March 31, 2018 related to a portion of the Company’s claim for losses sustained during Hurricane Harvey in August 2017.
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|